Indian share market benchmark indices settled the day higher led by gains PSB banks, tech and pharma stocks. The BSE Sensex ended with gains of 1.15percent or 505.72 points at 44655 while the NSE Nifty ended the day higher by 1percent at 13099.2
Barring FMCG index, all sectoral indices ended in the green. Nifty Realty remained the best-performing index of the day, closing 3.5 percent higher followed by Nifty PSU Bank and Nifty Pharma. Among auto stocks, Bajaj Auto and Maruti Suzuki moved higher despite reporting November sales lower than the estimates.
Top gainers in today's trade were GAIL India, Sun Pharma, IndusInd Bank, Tech Mahindra, ONGC. While losers include Nestle India, Titan Company, Kotak Mahindra, Bajaj Finance and NTPC.
Shares of Yes Bank were seen locked in 5 percent circuit on high volumes being traded in the stock. Several scrips from the cement packed touched their respective new one-year-highs as cement spread is expected to remain high between October -March. Auto sales numbers painted a mixed picture with Maruti posting a decline in sales of 2.4percent, while others such as Ashok Leyland reported an increase in CV sales.
Gold price may fall up to Rs. 45 thousand per 10 gram
India's manufacturing PMI slips to 3-month low in November
Paytm Money to facilitate investments in companies' IPO